Share register

The company's official legal record of who holds its shares and how many.

Example

A register showing 9,600,000 shares when a spreadsheet shows 10,000,000.

Important

The register, not a spreadsheet, is the record of legal ownership.

Related terms

  • Cap Table — The running ledger of who owns what percentage of a company, on what instrument and what terms, before and after each financing event.
  • Fully Diluted Shares — The total number of shares that would exist if all options, warrants and convertible instruments were converted into shares.

Lessons that explain it

  • The cap table in the deck must match the legal records — Cap table verification reconciles the spreadsheet with the share register, board approvals, option grants and outstanding convertibles, so investors know exactly what they own after the round. (11 min)

All 578 terms in the Investing glossary